Course Details

  • Course Code: VR-BL- PSP-8D
  • Mode of Delivery: Virtual
  • Duration: 8 Days
  • Price: On Request

Purchasing & Supply Planning

Course Overview

The Purchasing & Supply Planning course covers the core components of the Strategic Sourcing process and raise awareness of ‘Best Practice’ in the industry. It also helps to understand the essentials of Negotiation, and explore the “Excellence in Contracting”. The training will be a combination of classroom-based learning, workshops, experiential learning and involve a variety of training aids to suit various learning styles. The training is designed to encourage the participants to apply the knowledge gained to their specific areas of work and bring further value to their roles and the organization.

This course is intended for participants who wish to enhance purchase Supply Planning skills to optimize performance at any level.

  • Proficient in English language (Equivalent to B1-B2 as per CEFR level)
  • Minimum age-18Y+

Successful candidates will receive a certificate issued by National Training Institute LLC (NTI), attested by the Ministry of Higher Education.

Other Details

Strategic Sourcing

  • Exploring Current Challenges
  • Planning
  • Defining needs
  • Cost analysis
  • Supply Market Analysis
  • Key procurement tools
  • Strategy development
  • Options analysis
  • Supplier selection
  • Source Plan development
  • Strategy implementation
  • Development of Action Plans

Negotiation

  • Planning
  • Trust
  • Power
  • Behaviour
  • Tactics
  • The Negotiation Process
  • Cultural Impact
  • Conditioning
  • Game theory

Contract and Supplier Management

  • Three Phases of Contract Management
  • Risk in Contracts
  • Supplier Management
  • Supplier Segmentation
  • Performance Management
  • Supplier Relationship Management
  • Trust in Relationships
  • Action Planning

Upon successful completion of this course, the participants will be able to:

  • Analyse current challenges of purchasing
  • Define needs of the organization
  • Describe supply market analysis process
  • List key procurement tools
  • Explain the reasons for strategy development
  • Analyse options for selecting supplier
  • Describe the supplier selection process
  • Explain the procedure for purchase plan development
  • List the steps in purchase strategy implementation
Instructor led – Virtual Training